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Sistemi Esperti

Beginner Programming: Moving Average Crossover with and without Martingale functionality - sistema esperto per MetaTrader 5

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Pubblicato:
2024.06.10 09:35
Aggiornato:
2024.06.10 18:11
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All of the functions used in the Expert Advisor are found in the ImportantFunctions.mqh include file.

There are 2 Expert Advisors, both using the price crossing the moving average as their entry signal, with a simple difference: one uses Martingale when losses occur, and the other does not.

I don't recommend using any of the EAs with a live account, they are made for demonstration purposes only.

Simple Moving Average EA Inputs:

  • MAPeriod: The period of the Moving Average indicator.
  • LotSize: The lot size used to enter trades.
  • TPPoints: Take profit points.
  • SLPoints: Stop loss points.

Moving Average EA with Martingale Inputs:

  • MAPeriod: The period of the Moving Average indicator.
  • StartingLot: The lot size used to enter the first trade; this value will increase after a loss.
  • MaxLot: The maximum lot size. The StartingLot can be increased until this value.
  • TPPoints: Take profit points. This will increase after a loss.
  • SLPoints: Stop loss points. This will increase after a loss.
  • LotMultiplier: The lot size will be multiplied by this value after a loss if it has not reached the MaxLot value yet.
  • TPMultiplier: The Take profit and Stop loss will both increase by this amount after a loss, providing a recovery edge not only through position sizing but also because of the bigger TP.

The code contains comments, and I've made a YouTube video explaining everything you need to understand.

Thanks for reading!

Moving Average without Martingale


Moving Average With Martingale

Lesson 9 Buy sell stop Order Lesson 9 Buy sell stop Order

This is a lesson on buying or selling with pending orders stop

Lesson 7 Price action Ket hop Volume VSA Lesson 7 Price action Ket hop Volume VSA

This is a lesson on trading using price action combined with volume.

MovingAverages.mqh Part I by Wiliam210 MovingAverages.mqh Part I by Wiliam210

This indicator shows you how to use native functions SimpleMA(), ExponentialMA(), SmoothedMA(), LinearWeightedMA which are in the MovingAverages.mqh library in the includes directory

Screenshots with keyboard key press Screenshots with keyboard key press

Capture widescreen screenshots by pressing the 's' hotkey on the keyboard